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Wheat glut: farms face falling prices, rising costs-Ruchira Singh

-Live Mint After a record harvest of 90.23 mt this year, the govt’s wheat stocks were at 38.2 mt as of 1 May Worry lines run deep on the faces of wheat farmers in Sehrala in Haryana as falling prices, higher input costs and poor infrastructure erode earnings and cast doubt over not just their next crop, but their future in agriculture as well. Agents in the grain market of Ballabgarh said spot...

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Part rollback of petrol hike likely by end-May

-The Times of India   Minutes after the Congress demanded relief from the steep hike in petrol price, state-run oil marketers on Thursday indicated they could reduce the price by the month-end if the rupee and international oil prices held steady.  "Current trend indicates that prices can come down," IndianOil chairman R S Butola said. He was speaking just after Congress publicly asked for a reduction in the hike.  "We are genuinely sensitive to...

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The withering of age-Harsh Mander

In a Bangladeshi folk story, a disabled grandfather is carried by his son in a basket, to be abandoned in the forest. On seeing this, the grandson calls out, 'Father, please be sure to bring back the basket. I will need it when you grow old'. Three thousand ageing men and women gathered in Delhi in the blazing midsummer heat to demand a universal pension for all aged people, not...

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Govt plans to ban visit of 'Naxal supporter' author Jan Myrdal

-PTI Jan Myrdal, son of the celebrated Nobel laureate couple--Gunnar and Alva Myrdal--is banned from visiting India because the government believes he is a Maoist supporter. The government of India is contemplating a ban on the future visits of 85-year-old Jan Myrdal, whose parents were close friends of former Prime Ministers Jawaharlal Nehru and Indira Gandhi, for his alleged backing of pro-Maoist ideology. The home ministry has found that the Sweden-based author had attended...

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‘No storage space for 12m tonnes of grain from June’

-The Times of India Food Corporation of India (FCI) has warned that unless the government can distribute 750 lakh tonnes of food grain, there will be no storage space for the bumper harvest being currently procured, the food ministry told Rajya Sabha on Monday. The crisis of plenty has been engaging the government for a while as it is under pressure to distribute food grain to the poor or intervene in some...

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